Allium, a New York company that cleans and organises blockchain data for established financial firms, raised a $40m Series B announced on 23 June 2026. Amplify Partners led. Kleiner Perkins and Theory Ventures also took part. Fortune broke the news.
Chief executive Ethan Chan declined to give a valuation, according to Fortune. Total funding is about $61.5m, a figure reported by Bitcoin.com. Allium did not disclose a specific use for the new money at the time of the announcement.
“You have to control the data source.”Ethan Chan, cofounder and CEO, Allium
What Allium does
Allium standardises and enriches on-chain data for enterprise and institutional customers. Fortune describes it as cleaning and organising hard-to-read blockchain and digital asset data for established firms.
The company was founded in 2021 by Chan and Cheng Han Lee and has about 50 employees, Fortune reports. Bitcoin.com says it manages more than 30 petabytes of blockchain data from over 150 chains and 10,000 protocols, and has about 150 enterprise customers.
Named customers include Coinbase and Andreessen Horowitz's crypto arm, according to Fortune. Bitcoin.com adds Visa, BCG, Stripe, Uniswap and Phantom. Chan told Fortune that Visa and the US Federal Reserve have cited Allium's data, and that DefiLlama sources some of its data from the company.
Fortune says the company has operated for about five years, since the crypto bull market of 2021. Chan told the magazine that its approach goes back to "the lessons that I learned from machine learning". Bitcoin.com quotes a post by Chan on X describing Allium as "the onchain system of record for institutions like Visa, BCG". Fortune notes that Allium's data feeds into DefiLlama, a crypto data site.
What the founder said
Chan told Fortune: "It's never been a better time for the institutional side." On the company's approach to data he said: "You have to control the data source."
David Beyer, a partner at Amplify Partners, said the big upside for the company ultimately lies in AI agents. Fortune quoted him: "The really, really big upside for them ultimately is the agentic piece."
Who invested
Amplify Partners led, and Beyer is joining Allium's board, according to Bitcoin.com.
Allium's previous round was a Series A that closed in July 2024, Bitcoin.com reports, with revenue growing ten-fold since. The amount of that round is not given in the sources used here.
Why institutions want clean data
Banks, payments companies and asset managers that want to use blockchains need data in a form their analysts and compliance teams can rely on. Raw chain data is large, inconsistent across networks and hard to read. Allium sells the cleaned version, along with tools for building dashboards.
Bitcoin.com reports that Visa and BCG each built stablecoin dashboards on the platform. Neither report quantified how much the company earns from such work.
Allium has not published revenue figures, and the funding use was left open.
Company website: allium.so